Leading stock market indexes opened in record territory, with investors buoyed by signs of progress on a U.S.-China trade deal. By midday Friday, the S&P 500 was up 43 points, or 0.7%, to 6,184, above its previous all-time closing high in February of 6,144. The index, which also briefly edged above its previous record on…
The S&P 500 is approaching a record high, marking a stunning turnaround from April when stocks nosedived after President Donald Trump unveiled a flurry of tariffs on so-called “Liberation Day.” The S&P 500 has jumped 23% since closing at its 2025 low on April 8. On Thursday, it closed up 9 points, or 0.8%, to…
Expert breaks down Israel-Iran developments Here’s what could happen next between Israel and Iran 03:48 Stocks look set to extend their gains Tuesday, with futures contracts climbing amid investor hopes that Israel and Iran would abide by a ceasefire announced by President Trump. As of 8:51 a.m. EDT, S&P 500 futures were up 42 points,…
News of a U.S. agreement with China to temporarily ease tariffs sent stocks soaring on Monday, with the major indexes rising more than 2% in early trading. The S&P 500 rose 157 points, or 2.8%, to 5,817 as of 10:17 EST, while the Dow Jones Industrial Average added 1,041 points or 2.5% to 42,291. The…
Markets rallied Thursday as investors awaited a trade agreement between the United States and United Kingdom. Mr. Trump is set to announce the deal at 10 a.m. ET from the Oval Office. The S&P 500 rose 14 points, or 0.25%, to 5,645 in early trading, while the Dow Jones Industrial Average rose 89 points, or…
Consumer confidence plunges amid tariffs How economic uncertainty amid tariffs is impacting consumer confidence 02:03 Stocks sank sharply in morning trade after new government data showed the U.S. economy shrank in the first three months of the year. The S&P 500 dropped 93 points, or 1.7%, to 5,468; the Dow Jones Industrial Average fell 604…
U.S. stock futures shed their early morning gains, falling into the red before the opening bell on Wall Street. Stocks are coming off a three-day relief rally fueled by investor hopes President Trump would ease tariffs on China and keep Jerome Powell in his post as chairman of the Federal Reserve. Shortly before the start…
Despite an uncertain start, Wall Street continued its relief rally on Thursday morning, a day after President Trump floated a potential trade deal with China. The Dow Jones Industrial Average dipped in early trading but quickly climbed, increasing 236 points, or 0.6% by 11:45 a.m. EST. The S&P 500 rose 67 points, or 1.2%, while…
Momentum from a two-day relief rally in the stock market slowed considerably on Thursday, with mixed signals about tariff negotiations tempering investor’s optimism. Before trading kicked off, both the Dow Jones Industrial Average futures and S&P 500 futures were down, 194 points, or 0.5%, and 10 points and 0.2%, respectively, signaling a weaker start to…
Bessent: China trade standoff unsustainable Treasury Secretary Bessent says trade standoff with China is unsustainable 02:50 The stock market up sharply on Wednesday following news of a potential de-escalation in the trade war with China and after President Trump said he has no plans to oust Federal Reserve Chair Jerome Powell. The Dow Jones Industrial…